Singapore East Skillsfuture Grant

There are a number of government grants for companies in Singapore East to help them overcome obstacles in their growth. It is worth your while to go through a few of the business support grants provided by government for SME and Startups in East Singapore.

Top 6 Government Grants for companies:

1. Capability Development Grant (CDG)

It is a scheme for providing financial assistance to startups for building capabilities in ten business areas. Mostly in Singapore East it includes consultancy, cost of certification, cost of equipment, and training.

2. ACE startups

For the first-name entrepreneurs having an innovative idea, the scheme provides mentor-ship support and startup capital grant. The Accredited Mentor Partners (AMP) support the startups with advice, learning programs, and networking contacts.

3. Early-Stage Venture Funding (ESVF)

It is the biggest equity scheme by government which co-funds startups along with venture capital firms. Beneficiaries of this funding are early-stage technology startups. National Research Foundation (NRF) co-fubds startups with approved VCs.

4. Technology Enterprise Commercialization Scheme (TECS)

To help entrepreneurs realize their tech-based ideas into promising business, this scheme assists them in growing their business past the seed stage and then obtaining funding from third-party to achieve targeted revenues and growth.

5. Financial Sector Technology and Innovation (FSTI)

Aim of this startup grant is to enable financial institutions to establish their innovation labs in the country and support the development of industry-wide technology infrastructure and innovation solutions.

6. ComCare Enterprise Fund (CEF)

Instituted by Ministry of Social and Family development to provide funding to social entrepreneurs and aimed at seeding Social Enterprise startups.

Singapore Government Grant For Startup

In Thelearningtobefearless Government knows the important role that it’s startups and SMEs play in its economy and hence support these entities with Government grants. As an entrepreneur, learner one of the ways in Singapore East is you must try to get funding on capability upgrading initiatives such as process improvement and product development.

Business Grants Portal brings government grants for businesses into one place, so it’s easier to find and apply for the grants you need.

Government grants on the whole are funds that are awarded by the government itself with no interests and do not even require pay backs. These grants are wonderful ways to achieve financial help for different kinds of people's need. However, not all people are qualified for this subject. Certain criteria and requirements are needed to fulfill to be able to qualify for grants. The government of the United States requires complete knowledge and outstanding plan on your needed grant. Nevertheless, you cannot be exactly sure about obtaining such grant because the amount of funding on grants depends on the current economical standing of the government. Thus, you must present the best grant plan as soon as possible because it is always a first come first serve basis.

There are many types of government grants that the U.S. government offers to its citizen. These includes the adaptation tax credit grants, educational loans and grants for college students, disaster and relief assistance grants, health grants for children, employment and training grants for jobless people, retirees' federal grants, housing grants, legal assistance grants, medical care grants, minority grants, and small business grants.

The most basic purpose of these grants is to aid people who need financial assistance in those areas and people who are denied by the private organizations. There are more or less 3500 programs for federal government grants and approximately 20,000 for scholarship programs. The most common and in demand form of government grants available in the U.S. is the education grants for students. This is in the form of scholarship programs and can be achieved through academic excellence of a student.

Proper research about the government grants is needed and required before choosing one. Most of these grants are generally offered to non government organizations because they usually provide social services in their community. The best way to find information regarding government grants is in the official website of the government. You can also register for applications for your needed grant in this website. Other websites also provides you with guides on how to fill up applications and get better results on government grants. Some websites also offer help for applying to those grants and promise good results. Nevertheless, you should investigate these websites and choose the best among them that can truly aid you in achieving government grant.

Achieving government grants is not that easy as ABC. It is advisable to plan and complete the needed requirements and criteria to be successful in obtaining your needed grant. You must present an outstanding and excellent detailed plan and supporting documents that explain thoroughly your needs for this plan and how are you going to aid the government or the community through this.

Bedok Skills Future Funding

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Bedok Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Bedok is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Successful Policies & Procedures Writing Projects - Proven Strategies

Contrary to what you are seeing in the press with the credit crunch and looming recession there is simply too much money in the World at the moment; too much capital seeking too few investment opportunities. Remember the 1930s depression created more Millionaires than in any other era (ever) and now will be no different. A large amount of high net worth individuals are seeking to diversify their portfolios away from traditional investments as a defensive hedge against stock market volatility. Historically and in times of recession the two best investment classes that have outperformed traditional markets have been commodities and private equity. So if there is so much capital available in the world today, why is it so difficult to locate the capital you need?

The most probable answer to your question is that the amounts you are seeking are way too small to tempt Venture Capitalists or Hedge fund managers. After all it is relative. If a VC has tens of millions of pounds to invest into private equity why invest into 100 or 200 start-up companies? Who could possibly manage and foresee all of these investments and entrepreneurs? Its hard enough to manage one sometimes! So relatively speaking, investing in you would most-likely prove cost-prohibitive for them even though arguably they would receive more value overall.

The Hunt - VCs vs Angels
Venture Capital firms are one way to raise a serious amount of capital but as you may imagine there are pitfalls. The main one being loss of equity far beyond the 51% mark. Further the final vote on 'the right of sale' will also most probably be a mandatory right for them. Since VCs main motivation is 'ROISAP' (return on investment soon as possible) VCs will always have a frantic desire to flip every deal as quickly as possible. And they will not care where that return comes from, yourself or an outside party as long as they receive a massive bonus for the risk and skill for what they have invested.

More appealing to an entrepreneur starting-up is to seek a business angel investor interested in the line of work you are involved in as they will either take an equity position and some level of debt (or typically a combination of the two) in exchange for their investment. They will also take a seat on your board of directors, which they will use as a platform to monitor their investment and to provide invaluable advice. Sometimes they can actually take an active role in the organization and get it kick started into high gear. This freedom can afford an organization the ability to swiftly hire key employees and develop its business model to the point where it is ready to seek larger scale, second-round financing at a much more reasonable cost-to-equity due to the proven track record within the organization.

Other benefits to the entrepreneur include access to the expertise and business networks that the angel investors may be involved with. In addition to this, the growing trend of angel investor syndicating means that an individual entrepreneur can raise significant capital (significantly above the £500K mark) in a single financing deal without the need to negotiate separately with each investor.

Health Warning:
Venture capital money is not for the faint-hearted. Too often, it is only for the desperate - unless your desire is to build a business with an exit strategy in mind from day 1. There is nothing wrong with such a goal in the short term, as the returns can be staggering, but expect to make them many - many more millions than your side - that is if you even get that far. A great many other original creators have been squeezed out long before the 'D-day - big pay day'.

Angel investment therefore represents an invaluable source of alternative funding. And one that is far more attractive and realistic for a start-up entrepreneur. Benefits for both the Entrepreneur and the Angel can be great provided of course that the expectations are well drafted and thought out from day one and the funding agreement is structured to meet the demands of both sides.

The main difference between a business angel and a venture capitalist is that VC funding will come with legal agreements that will be inevitably always be Venture capitalist biased with terms that almost are utterly unfair and unjust, whereas, Angel investment will be far more flexible. It's not uncommon for some Angels to even shy away from using corporate solicitors when drafting agreements for funding. The reason being that if a high net worth individual should choose to invest in 8 - 10 companies, the total legal bill could turn out to be over £50,000.00 (assuming a lean estimation of £5K per company which is low!) - money that could be used to fund crucial working capital or further expansion.

Executive Summary
Receiving successful venture capital funding can provide a lot more than just money to the start-up. They can bring a wealth of managerial talent and experience that can advise you on external growth and how to jump over major pitfalls.

This professional advice can be a massive boost for a young company looking for every competitive edge. Another major benefit of VC Capital is that their network of contacts could end up making all the difference in a successful exit (or not).

But always remember what being funded by a VC actually means. After they have invested millions into it and regardless of whether or not they actually hold a controlling interest in your company they will be in control of your organization and will have a lot of power over how the company runs and how they will get their money out. You will be forced to go down directions that you may not be too happy with.

The Plan
More often then not, it's best for an entrepreneur to start up on their own or with the help of an Angel Investor (or syndicate if the investment requirement is too large to be funded by one individual). After running and evolving the business, the next best course of action is turn to VCs when you believe you are ready to take your company to the next level and will need a serious amount of capital to do so. Before even considering approaching a VC, you will have to demonstrate that you have a degree of success in your past, which is where the first round of your funding and management of your cash flow will come in handy.

When you do decide to approach venture capitalists and if by some miracle should they agree to back you, then it will be crucial on your part to seek-out the best legal advice that you can afford for the ensuing negotiations. One sentence or even a phrase within the initial contract can determine your success or failure. VCs are consummate professionals, and you will have to become one before playing in their league.

To support Singaporeans based in Bedok in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

MidCareer Enhanced Subsidy Support And Lifelong Learning

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Social Media Marketing Skills Training

EDI Market and Channel Integration

You may have a vision for a new real estate development project, a new business, or expansion of an existing real estate or business project. Perhaps you have already invested time and money in developing the preliminary concept, but prior to securing financing, partnerships and/or investment capital for your project it must be appropriately positioned and prepared.

The pre-development work that takes place at the initial stages of the project is critical for funding, and it has a direct influence on the timing and success of the project. You must be able to elaborate your concept and the details of your project in a concise and compelling manner, and demonstrate market demand, feasibility, financial realities, profitability and the circumstances surrounding the project professionally and comprehensively. Some entrepreneurs attempt to take on these tasks themselves, and they rely on their own expertise to document their concepts and to pursue financing, partnerships, and investment funding. Other entrepreneurs work with consulting firms or other organizations that provide additional expertise in these areas. Regardless of the approach, pre-development work is a necessary and critical part of the funding process for your project because it comprises much of what lenders, partners and investors will review when considering funding your project.

Seed capital (or start-up capital) is often a source or strategy for funding pre-development work. The amount of seed capital required depends on the project, but it is usually significantly less than the equity and financing amounts that will be sought after later to fund the entire project. Seed capital can be secured by an asset, or unsecured; and it is typically used to fund the following processes and services: Strategic development plan, and/or business plan; Design details (preliminary architectural and engineering); Financial pro forma analysis; Feasibility analysis; Capitalization plan; Market study; Multimedia presentations; Legal work; Site analysis; Site acquisition; Municipal approvals; Government incentives; Pre-marketing/sales; Accounting; Prototypes; Web page; And other professional services.

While all or some of the above services and processes may be necessary to obtain project funding because they help professionally convey the concept, benefits and details of your project effectively to prospective lenders, partners and investors; They can also be costly and can create a barrier in the development process if you cannot afford to pay for them. Seed capital funding can be a helpful strategy used to secure the required professional services and implement processes that bring life to the project and help position the project for funding.

Many companies that have been successful in raising seed capital in today's economy have implemented some or all of the following strategies:

1) Strategic development plan: Have a professional strategic development plan prepared for your project. Not just a business plan. A strategic development plan incorporates various components of the business plan, but also demonstrates the step-by-step processes and strategies that will be implemented to take the project through the development process to profitability, and provides a greater depth of financial and market analysis with validation documentation for the financial and statistical information provided. A professionally-written strategic development plan highlights the strategies, funding structures, incentives, tactical relationships, methodologies, and approaches of the project to effectively carry out the development process and create an advantage for the project in the marketplace.

Note: Many lenders, partners and investors may give greater merit to a strategic plan that is prepared and presented by a third-party consultant on behalf of the principal of the business, than a business plan that is prepared by the principal himself/herself; In the same way that a lender may give more merit to a market analysis prepared by a certified appraiser, than by the borrower.

2) Multimedia presentation: Prepare a concise and impressive multimedia presentation that will effectively convey the details of your project in a bullet-pointed and illustrative manner.

3) Compile a list of investors: Prepare a list of prospective seed capital investors, including their contact information. Consider the following possible sources for compiling your list of prospective seed capital investors:

* Engage a professional organization with expertise in this area to assist you in sourcing prospective seed capital investors.

* Work with chambers of commerce to identify businesses and individuals in the area that may be interested in your opportunity

* Online research. Spend time to find investment companies and individuals using the search engine of your choice (Google, Yahoo, Bing, etc.), and "weed-out" those that are least likely to invest in your type of opportunity, so that your list is as relevant as possible.

* Local business and social organizations.

* Attend business networking events, activities and conventions related to your market, product, services and industry.

* Engage a financial broker with expertise and a track-record of success in this area.

Note: Sourcing seed capital investors on your own takes time, dedication and devotion to the amount of research, networking and other activities involved. Rarely will a company find their seed capital investors after a few hours of searching online, or after making a few phone calls. It is a dedicated effort, thus a team approach is involving multiple parties is recommended.

4) Investment documentation: Structure the seed capital investment opportunity by creating the necessary documentation that will be provided to prospective investors, such as an investment proposal, investment agreement, prospectus document, subscription agreement, escrow agreement, etc. It is strongly suggested to proceed with the advice and guidance of an attorney to ensure that SEC regulations are not violated.

Note: Reducing the minimum investment amount required per investor and providing generous returns typically provides a larger availability of prospective investors for your project. Find the balance that is most suitable for you and your project.

5) Seed capital presentations/negotiations: Contact the list of prospective seed capital investors, and meet with them individually or arrange group presentation meetings to present and discuss the opportunity with them. Describe the terms in detail, and provide the investment documentation.

Note: It may be advantageous for the presentation and negotiations to be given by a third-party professional firm on behalf of the principal, with the principal present and participating in each presentation and negotiation meeting. Investors tend to feel greater assurance concerning the project and investment opportunity when they see that a professional firm is involved with the principal.

6) Funding. Once an agreement is reached, funding from seed capital investors can take place in a variety of forms. An effective strategy that provides additional assurance to investors involves creating an escrow account that is managed by the project attorney or a title company. In this case, the investor writes the check (or provides another form of payment) to the escrow holder, not directly to the principal. This helps to ensure that the funds will be used for the purposes specifically described in the investment agreement. This process involves creating an escrow account, escrow agreement and other formalities, but the effort an expense is often worthwhile to give investors the additional assurances that can help engage their interest in investing in your project.

This article is intended as a brief summary or overview for arranging a seed capital investment program for real estate and business development projects. It provides an outlook of viable approaches that have been used successfully to raise seed capital for a wide variety of projects. There are numerous additional strategies, methods and approaches can be incorporated, however, a basic understanding and the above insights and summarized strategies can be a good first step to help you develop a successful seed capital investment program.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Bedok Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Changi Grant Skill Center

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Changi Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Changi is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Critical Entrepreneurial Skills

Introduction -

The lack of a healthcare specific, compliant, cost-effective approach to Enterprise Information Management (aka EIM) is the #1 reason integration, data quality, reporting and performance management initiatives fail in healthcare organizations. How can you build a house without plumbing? Conversely, the organizations that successfully deploy the same initiatives point to full Healthcare centric EIM as the Top reason they were successful (February, 2009 - AHA). The cost of EIM can be staggering - preventing many healthcare organizations from leveraging enterprise information when strategically planning for the entire system. If this is prohibitive for large and medium organizations, how are smaller organizations going to be able to leverage technology that can access vital information inside of their own company if cost prevents consideration?

The Basics -

What is Enterprise Information Management?

Enterprise Information Management means the organization has access to 100% of its data, the data can be exchanged between groups/applications/databases, information is verified and cleansed, and a master data management method is applied. Outliers to EIM are data warehouses, such as an EHR data warehouse, Business Intelligence and Performance Management. Here is a roadmap, in layman terminology, that healthcare organizations follow to determine their EIM requirements.

Fact #1: Every healthcare entity, agency, campus or non-profit knows what software it utilizes for its business operations. The applications may be in silos, not accessible by other groups or departments, sometimes within the team that is responsible for it. If information were needed from groups across the enterprise, it has to be requested, in business terminology, of the host group, who would then go to the source of information (the aforementioned software and/or database), retrieve what is needed and submit it to the requestor - hopefully, in a format the requestor can work with (i.e., excel for further analysis as opposed to a document or PDF).

Fact #2: Because business terminology can be different WITHIN an organization, there will be further "translating" required when incorporating information that is gathered from the different software packages. This can be a nightmare. The gathering of information, converting it into a different format, translating it into common business terminology and then preparing it for consumption is a lengthy, expensive process - which takes us to Fact #3.

Fact #3: Consumers of the gathered information (management, analysts, etc) have to change the type of information required - one-off report requests that are continuously revised so they can change their dimensional view (like rotating the rows of a Rubik's cube to only get one color grouped, then deciding instead of lining up red, they would really like green to be grouped first). In many cases, this will start the gathering process all over again because the original set of information is missing needed data. It also requires the attention of those that understand this information - typically a highly valued Subject Matter Expert from each silo - time-consuming and costly distractions that impact the requestor as well as the information owner's group.

Fact#4: While large organizations can cope with this costly method in order to gather enough information to make effective and strategic business decisions, the amount of time and money is a barrier for smaller or cash strapped institutions, freezing needed data in its silo.

Fact #5: If information were accessible (with security and access controls, preventing unauthorized and inappropriate access), time frames for analysis improve, results are timely, strategic planning is effective and costs in time and money are significantly reduced.

Integration (with cleansing the data, aka Data Quality) should not be a foreign concept to the mid and smaller organizations. Price has been the overriding factor that prevents these tiers from leveraging enterprise information. A "glass ceiling", solely based on being limited from technology because of price tag, bars the consideration of EIM. This is the fault of technology vendors. Business Intelligence, Performance Management and Data Integration providers have unknowingly created class warfare between the Large and SMB healthcare organizations. Data Integration is the biggest culprit in this situation. The cost of integration in the typical BI deployment is usually four times the cost of the BI portion. It is easy for the BI providers to tantalize their prospects with functionality and reasonable cost. But, when integration comes into play, reluctance on price introduces itself into the scenario. No action has become the norm at this point.

What are the Financial Implications for a Healthcare Organization by maintaining the status quo?

Fraud detection is the focal point for CMS in their EHR requirements of healthcare organizations, Let's take a deeper, more meaningful look at the impact of EHR. Integration, a prominent component of Enterprise Information Management in the New Approach, brings data from all silos of the organization, allowing a Data Quality component to verify and cleanse it. The next step would be to either send it back to its originating source in an accurate state and/or put it into a repository where it will be accessible to auditing (think CMS Sanctions Auditors), Business Intelligence solutions, and Electronic Health Records applications. With instantly accessible EHRs, hospitals and their outlying practices can verify patients with payors, retrieve medical histories for diagnosis and treatment decisions, and update/add patient related information. What impact to treatment does a review of a new patient's history have for both patient and practice? Here are some elements to consider:

1. Diagnosis and treatments that are based on previous patient dispositions - reducing recovery time, eliminating Medicare/Medicaid/Payor denials (based on their interpretation as to fault of the practitioner in original treatment or error incurring additional treatment).

2. Instant fraud detection of patients seeking treatment for the same malady across the practices within the organization. Prescription abuse and Medicare fraud saves money not only for the payors, but the healthcare organization as well.

3. The Association of Fraud Examiners states that 9% of a Hospital's revenue each year is actually lost to fraud.

One overlooked but common impact is in the cost of managing patient records. Thousands of file folders in storage with new instances being added each time a new patient enters into the system. Millions of pieces of paper capturing patient information, payer data, charts, billing statements, and various items such as photo copies of patient IDs, are all stored in those folders. The folders are then stored in vast filing cabinets - constantly being accessed by filing clerks, nurses, practitioners and assorted staff. Contents of the files being misplaced or filed incorrectly. Hundreds, if not thousands, of square feet being consumed for storage. The AHA projects that an enterprise leveraging Electronic Health Records will recover no less than 15,000 square feet of usable space. That space can be used for additional services, opening up new channels of revenue. The justification is easy: how much would it cost the hospital to build out 15,000 square feet for a new service? The average cost to build space utilized for Health Services is $65 per square foot, or $975,000 total. An EIM solution through the New Approach would be less than 20% of that. Not only has the EIM solution reduced dollars lost to fraud, lowered the days for payor encounters to be paid, increased cash on hand, but it will also open up new services for the patient community and revenue back to the healthcare organization.

Electronic data is costly in its own way. Bad aka "Dirty" data has enormous impact. Data can be corrupted by error in data entry, systems maintenance, database platform changes or upgrades, feeds or exchanges of data in an incompatible format, changes in front end applications and fraud, such as identity theft. The impact of bad data has a cause and effect relationship that is pervasive in the financial landscape:

1. Bad data can result in payor denials. Mismatched member identification, missing DRG codes, empty fields where data is expected are examples of immediate denials of claims. The delay lowers the amount of Cash on Hand as well as extends the cycle of submitted claim to remittance by at least 30 days.

2. Bad data masks fraud. A reversal of digits in a social security number, a claim filed as one person for the treatment of another family member, medical histories that do not reflect all diagnosis and treatments because the patient could not be identified. Fraud has the greatest impact on cost of delivering healthcare in the United States. Ultimately, the health system has to absorb this cost - reducing profitability and limiting growth.

3. Bad data results in non-compliance. CMS has already begun the architecture and deployment of Sanctions Data Exchanges. These exchanges are a network of data repositories that are used to connect to health healthcare system, retrieve CMS related data, and store it for auditing. The retrieval will only be limited to the patient encounters that show a potential for denial or fraud, so the repository will not be a store of all Medicare and Medicaid patient encounters. But, the exchange has to be able to read the data in its provider data source in order for CMS to apply certain conditions against the information it is reading. What happens when the information is incomplete or wrong? The healthcare system is held accountable for the encounters it cannot read. That means automatic and unrecoverable denials of claims PRIOR to an audit, regardless of claim legitimacy.

The Price Fix by Big Box Healthcare Technology Firms

Are the major healthcare software and technology vendors (Big Box) price gouging? Probably not. They are a victim of their own solution strategies. Through acquired and some organic growth (McKesson, Eclipsys, Cerner, etc), they find their EIM solutions lose their agnostic approach. This is bad...very bad for health systems of all sizes. With very few exceptions, the vast majority of healthcare organizations DO NOT BUY all applications and modules from a single stack player. How could they? Healthcare systems grow similarly - some organic, some through acquisition. When a hospital organization finds over the course of time, an application that is reliable, such as a billing system, there is tremendous reluctance to remove a proven solution that everyone knows how to use. Because the major technology providers in the healthcare space act as a "One Stop Shop", they spend most of their time working on integrating in their own product suite with little to no regard to other applications. Subsequently, they find themselves trapped: they have to position all products/modules to maintain the accessibility and integrity of their data. This is problematic for the hospital that is trying to solve one problem but then must purchase additional solutions to apply to areas that are not broken, just to be able to integrate information. That is like going to the hardware store for a screwdriver and coming back with a 112 piece tool set with a rolling, 4 foot cart built for NASCAR. You will probably never use 90+% of those tools and will no longer be able to park in your own garage because the new tool box takes up too much space!

IT resources - including people - must be utilized. In today's economy, leveraging internal IT staff to administer a solution post-deployment is a given. If those IT resources do not feel comfortable in supporting the integration plan, then status quo will be justified. This is the "anti" approach to providing solutions in the healthcare industry: the sales leaders from Big Box technology firms want their sales people in front of the business side of the organization and to stop selling to IT. While this is a common sense approach, the economy in 2010 mandates that IT has to at least validate their ability to administer new technology solutions. The prospect of long-term professional consulting engagements to follow post installation has been shrinking at the same rate as healthcare organizations profit margins.

Empowering the healthcare organization to utilize its existing IT staff to administer and develop with the new products is not part of the business plan when Big Box players market to the industry. It is the exact opposite - recurring revenue from lengthy, and sometimes permanent, professional services consulting engagements is part of the overall target. The initial price quote for a Big Box solution is scary enough, but the fact remains that it is still not representative of what the ongoing cost to maintain through consulting arrangements. This is a variable cost, which is difficult to predict, and drives finance managers and executives crazy.

Solving the Dilemma - A Better Solution through a New Approach at a Fraction of the Cost

When Healthcare Business Experts combine talents with Technology Architects, EIM Solutions cost drop dramatically. This is the New Approach to Healthcare EIM, providing the way health organizations will be able to provide successful solutions at significantly reduced costs - opening the door for health systems of all sizes.

The EIM Firm (using the New Approach) versus Big Box Healthcare Technology Providers:

Smaller, more agile firms bring many benefits to Healthcare Organizations of any size. The benefits:

1. They are focused on specific verticals - just like the Big Box Health Technology providers. Subject Matter Experts (SME) in the smaller firms typically are industry veterans with years of experience and success in their approach who see their resume as a service offering better utilized when they are able to apply their methods for successful strategy planning as opposed to learning the methods of a Big Box player. Their income is better since their revenue is applied into a smaller operating cost, extending lower pricing for solutions that are MORE EFFECTIVE and offering stronger client/vendor relationships as the SME limits themselves to a certain number of clients.

2. Solutions built on proven approaches and strategies. Again, the firm's SMEs are able to define a methodology that can be re-used or re-configured in each client instance. This saves time and money for the client as delivery is accelerated and the cost of architecting is eliminated.

3. The firms themselves develop solutions and methodologies agnostically. Their understanding of the diversity of systems that exist in the technology of a healthcare organization allows them to not only develop adaptable solutions but also add a Business Process Management Plan (BPM). The BPM will define for the organization EXACTLY how information is received, processed, cleansed, stored, shared and accessed. It also will define an action plan for training IT for administration and support as well as end users at all levels on how they will leverage it going forward. BPM planning in a healthcare organization is a low six figure investment with an outside consulting group. The EIM firms will include it in the cost of the solution. Basically, it is the difference in being told what is wrong and here are the recommendations to fix it versus here is what is wrong and this is how it will be fixed with the new solution.

What is a typical EIM Firm solution?

1. Solution Assessment, noting the current systems, data sources and methods of sharing information as well as business processes, key personnel identification that are gate keepers if information, timeliness of providing information and overall effectiveness in leveraging enterprise information for strategic business planning. See figures 1 for an example of the information process flow visual component of an actual assessment.

2. EIM solution that contains an integration engine that accesses all data sources - reading and writing back to the database or application, providing data quality services and maintaining HIPAA as well as HL7 requirements. See Figure 2 for a diagram.

3. EHR Data Warehouse. A repository to build Electronic Health Records through the integrated data flow.

4. EHR Portal for patient entry (when additional information needs to be added) via a browser.

5. Business Intelligence Dashboards for metrics, AD Hoc analysis and Performance Management Scorecards on organizational goals and objectives.

6. Onsite implementation and integration of the EIM solution.

7. Onsite training during installation for IT and end users. Ongoing training provided via webinars, documentation and technical support staff.

8. Relationships maintained by the Subject Matter Experts for the life of the solution.

9. Stimulus "HITECH" Act pays $44,000 per physician for an EHR solution implemented. The SME creates the grant request to be submitted so the healthcare organization receives Stimulus funds to pay for the total EIM solution

Key Element of the Solution

Onsite Delivery and full time support are key. But, the most important element is training. Why? As noted earlier, it is paramount that existing IT investments, namely personnel, be able to not only administer but also conduct development as the need arises. In Healthcare, CMS managed Medicare/Medicaid is already margins that are in the negative. As private payers follow suit, the number of uncollectable encounters will increase, impacting current profitability models and increasing future cost for treatment. By mitigating IT costs, the Total Cost of Ownership (TCO) qualifier should actually evolve to a Return on Investment (ROI). ROI is immediate for this solution approach, but it is sustained year over year by leveraging internal IT to support and develop. Now, the Healthcare Organization has eliminated costly professional service consulting engagements and re-investments into new feature licensing. This takes a variable cost every year and makes it a fixed, yet smaller amount - a sensible financial approach to accomplish a proven strategy.

Summary -

Why EIM? Whether it is Omnibus, "Obama"-care or an edit (not overhaul) of the Healthcare industry, Healthcare Organizations know these truths:

1. Electronic Health Records are necessary for the Fraud detection unit of CMS. Each organization must comply with accessibility, HIPAA and format. Fraud reduces overall revenues for a hospital by 9% (ACFE)

2. EHR/EHR have proven to be highly effective in eliminating internal waste, patient fraud, practice fraud and paper overhead. Vast amount of space within the facilities that had been used to store patient records in hard copy can now be utilized to provide additional services and open new revenue streams.

3. Bad or "dirty" data in electronic or hard copy format is costly. According to the AHA (September, 2008), the average cost of a patient record with good or accurate information is $343 annually. The annual cost of a patient record with bad information is $2,054 annually. On average, 18% of patient information within a healthcare organization is bad.

4. Strategies developed by healthcare organizations without 100% of the information they own that is also timely and relevant are ineffective. Objectives cannot be defined, successful processes cannot be identified and improvement plans have little to no metrics in which to determine success.

5. Stimulus/HITECH Act pays $44,000 per physician when EHR is part of the EIM solution. With the smaller EIM firms, Stimulus pays for the entire solution.

Why a New Approach EIM Firm?

1. Subject Matter Expertise from consultants that have proven methodologies.

2. Agility to adapt to the client need instead of the Big Box approach of the client adapting to their product limitations.

3. A Better Solution at a Fraction of the Cost. Their solutions are based on needs and not features.

4. Relationships with the vendor, resulting in improved services, maximum values from vendor solutions and a focused approach to the client needs and goals.

5. A Return on Investment as opposed to a Total Cost of Ownership. Clients need to see solutions that immediately pay for itself and then recover lost revenue while offering channels to new profit centers.

To support Singaporeans based in Changi in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Organizational Capability Building Framework

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

How Much Training Allowance

How to Find Government Grants - Apply For Free Government Grants

When people need money they don't realize that possibly there is free money is available in the form of US government grants. Yes, government grant money is free.

Unlike loans, you don't have to pay it back. You don't have to have good credit to receive grant money. You can apply even if you had bankruptcy.

Government grants can be used for many different purposes. There are Personal Grants. You can use these grant money for home purchase, home repair, to pay utility bills, grocery&clothing, for housing assistance and more.

Business grants can be used to start up a business, to expand a business, for equipment financing, employee training, legal expenses and more.

Education Grants can be used for secondary school, for college education, for business management, for computer science and more.

Health care grants can be used for prescription medicine, nursing homes, Alzheimer's disease, alcohol and drug abuse, dental care, eyeglasses and more.

You can find free government grants online. You can also find online how to apply for these grants. You can apply for more than one grant in the same time. Some of the websites charge only one time membership fee with unlimited access. It means that once you sign up you can go back and find grants as often as you want to.

A good website also checks your eligibility before you would sign up and answers all you questions you may have.

Check online what kind of free government grants are available for you. Find grants and learn how to apply. Take advantage of the free money you deserve as a US citizen.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Changi Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Katong Skillsfuture Grant

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Katong Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Katong is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Develop Your Skill In A Profitable Manner Using the Skill Development Program

To succeed, entrepreneurs must have many skills that allow them to conceive, launch and grow new products, services and/or companies. This article describes some of the most critical skills that an entrepreneur must possess.

Focus: Entrepreneurs must focus. They must focus on goals to ensure that they are reached, customers to ensure that they are satisfied, and employees to make sure they are motivated.

Vision: Entrepreneurs must have a vision of where they want their company to be in the future. In addition, the entrepreneur must be able to communicate this vision in an exciting manner to employees and investors, so that they share the vision and are motivated to help achieve it.

Leadership: Rarely can entrepreneurs make a company succeed by themselves. This is much like the fact that greatest athlete doesn't ensure that their team will win if the other players cannot perform. As such, entrepreneurs need to be able to identify staffing needs, expertly fill them, and lead the team to success.

Persistence & Passion: An entrepreneur must be passionate about what they are trying to accomplish. Likewise, they must be willing to commit whatever is needed of them. They must persist through trying times, since there are always bad times, and fight as much as needed to achieve the goals they have set.

Technical skills: While entrepreneurs may not need to have the greatest technical skill sets in their organizations, they need to be savvy enough to lead the technical team. They need to understand the technical team's language and have a general understanding of the challenges they face in order to effectively lead them.

Flexibility: Successful entrepreneurs understand that the world and the environment in which they operate are constantly changing. While they must focus on the end-game, they must adapt their strategies and offerings to meet changing market conditions.

There has often been debate regarding whether entrepreneurship can be taught. For instance, can you really teach persistence or passion? Even if you can't, by understanding the importance of skills such as these, entrepreneurs can focus on these skills and bring to the table what is needed to succeed in their entrepreneurial endeavors.

To support Singaporeans based in Katong in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Forms For Provincial Training Allowance

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Organizational Capability Building Framework

Stages Oof Capital Funding

Online education programs are becoming increasing popular among employers. Many companies are likely to give support to their employees who are interested in pursuing a degree or further education through online education programs. Some companies even give scholarships or grants specially dedicated for their employees who enroll into online education programs. Why many employers like online education programs and encourage their employees to pursue their degree online if they are interested to enrich their knowledge with a degree?

Traditionally, if an employee want to further his study, he needs to either quit his job or takes a long unpaid leave in order to go back to school for a degree. If this is the case, employer will need to hire a new staff to replace the leaving employee or he need to find a temporary replacement if the employee is taking a long unpaid leave. It's inconvenient for the employers if many of their employees want to quit their job and go back to school to get a further degree for their career advancement. Employers definitely do not want to let their experience staffs to leave and keep hiring new staffs and re-train for the vacant positions.

Online education programs have provided a perfect solution to employers. Employees who like to further their study are encouraged to pursue their degree online. Employees who are taking online degree programs will be able to continue their job and their current living style while effectively manage their time for the online courses so that it won't crash with their working schedule. Flexible, self-pace and study from anywhere and anytime are the key advantages that will benefits both the working individuals and employers. For job that need a lot of traveling, online education program fits in perfectly. It allows the online students to attend the online classes from home or while traveling.

Strong educational background that equip with the required skills in the related field will enable the employees to perform their jobs flawlessly. Now, employers can encourage their employees to earn a job related degree to gain more knowledge on their working field and be prepared for more challenging tasks. IBM, one of bigger corporate players is continuously encourage their employees especially managers and senior management team to pursue their MBA through distance learning programs. IBM commented that they needs a wide range of qualified managers at all level and that online education approach is the only one that is feasible in terms of cost, time and numbers.

Many companies do allocate scholarships and grants for their employees who are interested to further their study. Among these scholarships, some are dedicated specially for online students. Fund allocations for employees who study online are increasing showing more employers are encouraging online education to their employees.

Summary

More and more employers are encouraging their employees who like to further study to pursue their degree through online education programs. Employers like online education program because it provides a perfect solution for employers to allow their employee to enrich their knowledge in their job related field while retain their employees at their company.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Katong Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Kembangan Training Allowance Subsidy

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Kembangan Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Kembangan is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Five Benefits of Leadership Development For Your Organization

After completing your guide, you need to get that reviewed by someone. There are three types of reviews. First one is Peer Review, second is Subject Matter Expert (SME) review and the third one is Grammar Review. The first review, which is Peer Review, has to be done by your fellow technical writers. During this review, the reviewer goes through the stuff for clarity of instructions, verify and validate written functionality, and check for grammatical errors. Eighty percent of the guide review will be completed during the peer review stage. Unfortunately, most of the times, people do not find time to do a satisfactory peer review. And in some cases, employees' tries to settle personal scores using this as a tool. However, peer review if done properly, then the chances of finding errors in later stages of reviews will deliberately go down.

Technical writing demands a precise, concise, and surgical way of presenting the content to the end user. The writer is supposed to follow the task, understand it, and need to convey the same to the end user in a lucid way. Understanding complex functionalities and presenting them in a lucid manner so that a layman can understand the stuff is not so easy. The writer need to know where s/he has to chunk the stuff so that it is properly convey the underlying idea without wasting the precious time of the reader. However, most of the times, it is easier said than done.

After completion of the task or guide, as per Document Development Life Cycle (DDLC), the said document has to undergo different kinds of reviews. The idea is that by the time the document completes its final review stage, the matter in the document represents exactly the original functionality of the product without any errors or deviations. Most of the companies follow a process where the written document will get reviewed at least once or twice for both the functionality and grammar check.

Peer review is the first stage review. In this review, the document is expected to be cleaned from different errors by at least 80%. The colleague technical writers will do this review. Concentration will be on the functionality and grammar part during this review.

Peer review is heavily dependent on good relations and understanding between the colleagues. One can mar the advantages by playing office politics and cornering the writer in question. These kinds of problems are so common in organizations. The only remedy for these kinds of problems is to conduct the peer review under the supervision of a Project Manager, who has good experience in managing personnel.

In summary, peer review has many advantages. It has the capacity to filter 80% of the errors in the first stage itself. Peer review, when conducted under the supervision of a good personnel manager, will definitely give best results.

To support Singaporeans based in Kembangan in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Teacher Training Allowance Latest News

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Mid Career Employee Training

Importance of Grants - What's the Real Deal?

Whether you're looking for a job in the grant field or wanting to hire a professional grant writer, knowledge of kinds of job titles and agencies that usually get grants, as well as skills you need is helpful. In this article, you will find common job titles and agencies who hire grant writers, as well as 5 top skills needed by grant professionals.

Grant Job Titles

If you're a grant professional, you may hold a job that includes one of these titles...

Administrators
Analysts
Consultants
Coordinators
Developers
Directors
Freelance Grant Writers
Management Specialists
Managers
Professionals
Program Coordinators
Specialists
Writers
Writing Specialists

Employers Who Hire Professional Grant Writers

Most U.S. grants are given to 1 of the more than 1.6 million tax-exempt agencies, sometimes called 'non-profits'. Few people understand the wide range of tax-exempt organizations even in their own communities.

Below are types of non-profit agencies who might need your help as a professional grant writer in your state. Employers may address one or more of these issues or groups:

Addictive disorders--eating, addictive disorders--gambling, addictive disorders--smoking, amateur competitions, amateur sports, animal protection, aquariums, arts councils, arts education, arts, blood & organ banks, botanical/horticultural, boys/girls clubs, camps, churches, city government, civil liberties groups, colleges, community facilities, conservation, consumer protection, counseling, county government, crisis lines, disease-related, economic development, educational services, elementary schools, environmental education, faith-based organizations, federal government agencies, fitness, foundations, government-related, high schools, historical societies, hospitals, clinics, hot lines, housing search, independent living centers, libraries, low-income programs, mental health centers, middle schools, military, minority rights, museums, natural resources, neighborhood associations, performing arts, pollution abatement, professional associations, Scouts, senior centers, service clubs, spouse/child abuse, state government, substance abuse prevention & treatment, temporary housing, United Ways, universities, vet services, veterans, volunteerism promotion, vocational-technical schools, wildlife preservation, women's rights, YMCA's, youth service organizations and zoos.

5 Top Grant Writing Skills

Although titles for grant jobs vary, there are 5 basic "grant" skills most grant writers and professionals should possess, according to the Grant Professionals Certification Institute:

  1. Seeking
  2. Project Designing
  3. Writing
  4. Managing
  5. Enhancing Professionalism

Seeking (Research/Leads)

  • Finding and matching grant funding to specific needs;
  • Understanding of organizational development as it relates to grant research; and
  • How to build and maintain relationships between funders, researchers and recipient agencies.

Project Designing

  • Understanding how to create and develop effective programs and projects;
  • Writing successful grant applications;
  • Writing a convincing case for being funded;

Management

  • Understanding how to create and develop management systems once grants have been received.

Enhancing Professionalism

  • Understanding ethical practice standards; and
  • Understanding how to bolster the level of professionalism in the grant field.
Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Kembangan Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Loyang Training Course Allowance

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Loyang Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Loyang is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Raising Money - Venture Capital Vs Angels Investment

Multi Channel Integration and EDI transactions have been increasing day-by-day and they would certainly tend to grow as long as the EDI industry undergoes constant improvement. The EDI-based transactions comply with the X12 standard, which in turn has several sub-standards supported by various industries that keep growing over time.

Amongst the various supported standards today, UCS (Uniform Communication Standard), VICS (Voluntary Inter-industry Commerce Standards), HIPAA (Health Insurance Portability and Accountability Act) are the pre-dominant ones.

As per the statistical analysis revenues of the EDI Software packages should increase at a steady rate of 5 percent rate during the period because of a number of reasons such as the big organizations boosting up deployment of SME solutions, and even the mid size range companies implementing the EDI operations with suppliers paving the way to more and more EDI transactions for Channel Integrations

Moreover the EDI usage grows in the health care industry is increasing, thanks to the Health Care Insurance Portability and Accountability Act (HIPAA) grant.

Consequently the larger organizations will retain the investments in their EDI operations, leading to more and more EDI transactions.

Coming to the EDI Services and support revenue, there shouldn't be any decrease in them either, as they would steadily grow at a 2 percent on account of reasons like growth in the EDI outsourcing services. Furthermore, with more mid size hubs and SMEs moving joining the internet revolution, the volume of EDI transactions also tend to go high.

In fact looking at the historical perspective, initially when e-Commerce started, the experts had the perception that it would bring the end of EDI, rather than supporting it. However in realistic terms they never thought about the mere fact that basically EDI is e-Commerce by far and large!

Over time this trend has been noticeable and slowly but surely the industrialists have realized that the EDI transactions are a part of the e-commerce, essentially supporting e-commerce rather than competing with it.

As a matter of fact, the EDI transactions aren't really growing in a particular sector, and right from health care down to mid size SMEs, they have been only increasing.

To support Singaporeans based in Loyang in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Forms For Provincial Training Allowance

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Government Grants For Personal Training Courses

Technical Writing - Cardinal Rule of Interviewing a Subject Matter Expert (SME) For a Document

Companies of all sizes can benefit from a variety of local, state and federal funding assistance programs to improve their quality management systems and upgrade employee skills. This broad definition covers ISO, Six Sigma, Lean, change management, leadership and basic skills training. Some of these programs offer matching funds while others provide tax credits. A few even bestow outright grants. However, gaining access to - and understanding - these funding programs can be a daunting task. That is why it pays to select a management consulting firm that knows how to navigate these often bewildering waters.

A Multitude of Funding Programs are Available to U.S. Companies

Funding assistance programs are designed to cover everything from maintaining high employment in local areas, to helping American companies combat foreign competition. Some state programs are even designed to counter out-of-state challenges by domestic competitors. Most programs offer financial assistance to upgrade employee skills and operating efficiency through training.

Typical Qualifying Criteria for Funding Assistance

Although most funding assistance programs are aimed at domestic manufacturers, financial help is also available for other industries that are facing foreign competition.

It is recognized that ISO, Six Sigma, Lean Manufacturing, change management and leadership training are key elements in continuous improvement, and streamlining key business processes. Since these disciplines yield results that strengthen domestic businesses, they are favored by many funding assistance programs.

Situations that typically qualify for some form of funding assistance include:

  • When a business is being adversely affected by foreign or out-of-state competitors.

  • If a company experiences falling sales due to the onslaught of foreign competition.

  • If upgrading employee skills would demonstrably improve company performance or increase employee retention.

  • When ISO registration is required by customers or international markets

  • When employee training provides enhanced skill sets that are transferable, or lead to an industry-recognized credential or certification.

  • Creation of jobs, or preventing loss of jobs, due to a possible facility closing or changing technology.

  • Creation of jobs as a result of a company relocating, or expanding into a state, or starting a business in a state

  • If a company provides critical services or goods to the Department of Defense.
  • An extensive array of funding programs is available to most types of businesses and manufacturers in particular. Taking advantage of these can significantly reduce--or even cover the complete cost for a company--to provide quality management systems training for its employees.

    Examples of Nationwide Programs

    Manufacturing Extension Partnership (MEP)

    MEP is a nationwide network of not-for-profit centers in nearly 350 locations nationwide. Their sole purpose is to provide small and medium sized manufacturers with the services they need to succeed. The centers, serving all 50 States and Puerto Rico, are linked together through the Department of Commerce's National Institute of Standards and Technology. Centers are funded by federal, state, local and private resources to serve manufacturers.

    Trade Adjustment Assistance (TAA)

    Established by Congress in 1974, TAA is managed by business professionals who understand manufacturing. TAA focuses on providing financial assistance to import-impacted manufacturers. TAA offers 50/50 cost sharing of projects aimed at improving a manufacturer's competitive position. Specifically, these matching funds are applied toward the cost of consultants. Funds can be used for on- or off-site employee training. The eleven TAA centers throughout the country work with eligible firms in marketing, production, management and many other areas.

    Under certain circumstances, other federal agencies also provide funding for employee training and skills upgrading. The Environmental Protection Agency and Commerce Department are just two examples.

    Examples of State Programs

    Most states have funding programs for the purpose of improving competitiveness in a global economy and business retention. Here are a few examples:

    California Employment Training Panel (ETP)

    ETP is a California State agency that is designed to fund training which meets the needs of employers for skilled workers, and the need of workers for good, long-term jobs. The program supports the California economy, primarily by funding the retraining of incumbent, frontline workers in companies challenged by out-of-state competition.

    Illinois Employer Training Investment Program (ETIP)

    ETIP supports Illinois workers' efforts to upgrade their skills, in order to remain current in new technologies and business practices. This enables companies to remain competitive, expand into new markets and introduce more efficient technologies into their operations. ETIP grants may reimburse Illinois companies for up to 50 percent of the cost of training their employees.

    New York State Industrial Effectiveness Program (IEP)

    IEP is a grant available to small and medium-sized manufacturing firms and industry groups within New York state. This grant provides up to $50,000 for companies to obtain a wide variety of management consulting training support. Many organizations have accessed this funding for Lean Manufacturing and ISO quality systems training.

    New Jersey Customized Training Grant Program (CTGP)

    CTGP enhances the creation and retention of skilled jobs in New Jersey through comprehensive workforce training. The aim of the program is to upgrade skills, and enhance the knowledge and work-related abilities of New Jersey workers. It also focuses on improving the overall productivity, and economic well-being of employers. Today, over thirty-million dollars is available for Customized Training Grants.

    Local County and City Programs Abound Too!

    Many counties and cities offer incentives in the form of tax credits and other benefits to ensure that local companies remain financially healthy. Local governments support actions that create robust economies, and keep their tax base from moving elsewhere. Upgrading employee skills through ISO training, for example, enhances competitiveness and contributes to company growth--a saleable proposition to tap into many local funding programs.

    Acquiring Funding Assistance for ISO and Other Training Requires Expertise

    Each funding program has its own qualifying criteria and paperwork. The paperwork and processes involved are sometimes confusing and often intimidating. And packaging successful submissions often requires the assistance of an expert familiar with the targeted program.

    The typical steps in pursuing financial assistance are to:

  • Conduct a comprehensive training needs analysis. What problems or issues is the client experiencing?

  • Specify the proposed solution. Create a succinct definition of the proposed training curriculum or consulting assignment, and explain how this will close the identified performance gaps.

  • Identify an appropriate funding assistance program, and demonstrate how the proposed solution satisfies its criteria.

  • Complete and process the required paperwork in a timely fashion. Sometimes, it can take months and several iterations for a request to be approved.

  • Achieve notification of funding approval and the disbursement criteria.

  • Administer the approved funding according to the program's rules and procedures.
  • Actual levels of funding assistance depend on the program. For example, TAA will share up to fifty percent of the cost for services that improve a manufacturer's competitive position. TAA pays for half of the cost of these services, up to $150,000 in projects, with a maximum TAA share of $75,000. On the other hand, the California ETP program funds companies 100 percent of monies spent for qualified employee training. Also, New Jersey offers a $22,000 ISO grant (regardless of company size), and customized training grants of up to $1,000 per person trained.

    The main obstacle for companies seeking funding assistance is a lack of familiarity with funding programs and the qualifying criteria. Finding the right program--and then preparing a funding proposal in the proper format--takes expertise that is outside the mainstream of most companies. Administering approved funding and complying with program regulations are also proficiencies lacking in many businesses.

    It Pays to Align your Company with a Knowledgeable Consulting Firm

    A management consulting firm that is well-versed in obtaining assistance funding for ISO and other continuous improvement skill-based training can dramatically cut costs for their clients. There is no substitute when it comes to successful experience with these programs--the hand that guides must be steady and sure.

    Performing a comprehensive training needs analysis, finding the best funding program, navigating intricate paperwork and helping clients satisfy qualifying criteria requires seasoned expertise. Selecting a consulting firm that has a successful track record also gives clients confidence to proceed with training or other quality management projects, knowing that their funding proposal will likely be approved.

    Experienced management consulting firms keep abreast of changing regulations and trends. They know how to expedite proposals, and overcome bureaucracy to successfully secure funding. And they issue status reports along the way, so that their clients are fully informed. Moreover, knowledgeable management consulting firms are proactive in advising their clients of funding opportunities and how these can be leveraged.

    If a company is interested in getting financial help, it pays to partner with a consulting firm that has a successful track record in obtaining funding assistance. More established management consulting firms, like Change Management Consulting, have strategic relationships with dedicated resources that perform funding program management for their clients. This relieves them of the administrative burden. These assets closely monitor a client's compliance with the funding program's regulations. They efficiently manage data entry, tracking, reporting and invoicing. Knowing the ropes, they help clients maintain positive cash flows by expediting the release of program funds.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Loyang Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Marine Parade Skills Future Funding

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Marine Parade Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Marine Parade is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Public Funding Assistance for Quality Management Systems Consulting and Training

    After completing your guide, you need to get that reviewed by someone. There are three types of reviews. First one is Peer Review, second is Subject Matter Expert (SME) review and the third one is Grammar Review. The first review, which is Peer Review, has to be done by your fellow technical writers. During this review, the reviewer goes through the stuff for clarity of instructions, verify and validate written functionality, and check for grammatical errors. Eighty percent of the guide review will be completed during the peer review stage. Unfortunately, most of the times, people do not find time to do a satisfactory peer review. And in some cases, employees' tries to settle personal scores using this as a tool. However, peer review if done properly, then the chances of finding errors in later stages of reviews will deliberately go down.

    Technical writing demands a precise, concise, and surgical way of presenting the content to the end user. The writer is supposed to follow the task, understand it, and need to convey the same to the end user in a lucid way. Understanding complex functionalities and presenting them in a lucid manner so that a layman can understand the stuff is not so easy. The writer need to know where s/he has to chunk the stuff so that it is properly convey the underlying idea without wasting the precious time of the reader. However, most of the times, it is easier said than done.

    After completion of the task or guide, as per Document Development Life Cycle (DDLC), the said document has to undergo different kinds of reviews. The idea is that by the time the document completes its final review stage, the matter in the document represents exactly the original functionality of the product without any errors or deviations. Most of the companies follow a process where the written document will get reviewed at least once or twice for both the functionality and grammar check.

    Peer review is the first stage review. In this review, the document is expected to be cleaned from different errors by at least 80%. The colleague technical writers will do this review. Concentration will be on the functionality and grammar part during this review.

    Peer review is heavily dependent on good relations and understanding between the colleagues. One can mar the advantages by playing office politics and cornering the writer in question. These kinds of problems are so common in organizations. The only remedy for these kinds of problems is to conduct the peer review under the supervision of a Project Manager, who has good experience in managing personnel.

    In summary, peer review has many advantages. It has the capacity to filter 80% of the errors in the first stage itself. Peer review, when conducted under the supervision of a good personnel manager, will definitely give best results.

    To support Singaporeans based in Marine Parade in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Government Training Grants For Unemployed

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Government Grants And Training Staff

    Effective Seed Capital Funding Strategies

    To succeed, entrepreneurs must have many skills that allow them to conceive, launch and grow new products, services and/or companies. This article describes some of the most critical skills that an entrepreneur must possess.

    Focus: Entrepreneurs must focus. They must focus on goals to ensure that they are reached, customers to ensure that they are satisfied, and employees to make sure they are motivated.

    Vision: Entrepreneurs must have a vision of where they want their company to be in the future. In addition, the entrepreneur must be able to communicate this vision in an exciting manner to employees and investors, so that they share the vision and are motivated to help achieve it.

    Leadership: Rarely can entrepreneurs make a company succeed by themselves. This is much like the fact that greatest athlete doesn't ensure that their team will win if the other players cannot perform. As such, entrepreneurs need to be able to identify staffing needs, expertly fill them, and lead the team to success.

    Persistence & Passion: An entrepreneur must be passionate about what they are trying to accomplish. Likewise, they must be willing to commit whatever is needed of them. They must persist through trying times, since there are always bad times, and fight as much as needed to achieve the goals they have set.

    Technical skills: While entrepreneurs may not need to have the greatest technical skill sets in their organizations, they need to be savvy enough to lead the technical team. They need to understand the technical team's language and have a general understanding of the challenges they face in order to effectively lead them.

    Flexibility: Successful entrepreneurs understand that the world and the environment in which they operate are constantly changing. While they must focus on the end-game, they must adapt their strategies and offerings to meet changing market conditions.

    There has often been debate regarding whether entrepreneurship can be taught. For instance, can you really teach persistence or passion? Even if you can't, by understanding the importance of skills such as these, entrepreneurs can focus on these skills and bring to the table what is needed to succeed in their entrepreneurial endeavors.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Marine Parade Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Pasir Ris Grant Skill Center

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Pasir Ris Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Pasir Ris is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    5 Investor Development Equity Capital Raising Presentation Tips For Principals

    Contrary to what you are seeing in the press with the credit crunch and looming recession there is simply too much money in the World at the moment; too much capital seeking too few investment opportunities. Remember the 1930s depression created more Millionaires than in any other era (ever) and now will be no different. A large amount of high net worth individuals are seeking to diversify their portfolios away from traditional investments as a defensive hedge against stock market volatility. Historically and in times of recession the two best investment classes that have outperformed traditional markets have been commodities and private equity. So if there is so much capital available in the world today, why is it so difficult to locate the capital you need?

    The most probable answer to your question is that the amounts you are seeking are way too small to tempt Venture Capitalists or Hedge fund managers. After all it is relative. If a VC has tens of millions of pounds to invest into private equity why invest into 100 or 200 start-up companies? Who could possibly manage and foresee all of these investments and entrepreneurs? Its hard enough to manage one sometimes! So relatively speaking, investing in you would most-likely prove cost-prohibitive for them even though arguably they would receive more value overall.

    The Hunt - VCs vs Angels
    Venture Capital firms are one way to raise a serious amount of capital but as you may imagine there are pitfalls. The main one being loss of equity far beyond the 51% mark. Further the final vote on 'the right of sale' will also most probably be a mandatory right for them. Since VCs main motivation is 'ROISAP' (return on investment soon as possible) VCs will always have a frantic desire to flip every deal as quickly as possible. And they will not care where that return comes from, yourself or an outside party as long as they receive a massive bonus for the risk and skill for what they have invested.

    More appealing to an entrepreneur starting-up is to seek a business angel investor interested in the line of work you are involved in as they will either take an equity position and some level of debt (or typically a combination of the two) in exchange for their investment. They will also take a seat on your board of directors, which they will use as a platform to monitor their investment and to provide invaluable advice. Sometimes they can actually take an active role in the organization and get it kick started into high gear. This freedom can afford an organization the ability to swiftly hire key employees and develop its business model to the point where it is ready to seek larger scale, second-round financing at a much more reasonable cost-to-equity due to the proven track record within the organization.

    Other benefits to the entrepreneur include access to the expertise and business networks that the angel investors may be involved with. In addition to this, the growing trend of angel investor syndicating means that an individual entrepreneur can raise significant capital (significantly above the £500K mark) in a single financing deal without the need to negotiate separately with each investor.

    Health Warning:
    Venture capital money is not for the faint-hearted. Too often, it is only for the desperate - unless your desire is to build a business with an exit strategy in mind from day 1. There is nothing wrong with such a goal in the short term, as the returns can be staggering, but expect to make them many - many more millions than your side - that is if you even get that far. A great many other original creators have been squeezed out long before the 'D-day - big pay day'.

    Angel investment therefore represents an invaluable source of alternative funding. And one that is far more attractive and realistic for a start-up entrepreneur. Benefits for both the Entrepreneur and the Angel can be great provided of course that the expectations are well drafted and thought out from day one and the funding agreement is structured to meet the demands of both sides.

    The main difference between a business angel and a venture capitalist is that VC funding will come with legal agreements that will be inevitably always be Venture capitalist biased with terms that almost are utterly unfair and unjust, whereas, Angel investment will be far more flexible. It's not uncommon for some Angels to even shy away from using corporate solicitors when drafting agreements for funding. The reason being that if a high net worth individual should choose to invest in 8 - 10 companies, the total legal bill could turn out to be over £50,000.00 (assuming a lean estimation of £5K per company which is low!) - money that could be used to fund crucial working capital or further expansion.

    Executive Summary
    Receiving successful venture capital funding can provide a lot more than just money to the start-up. They can bring a wealth of managerial talent and experience that can advise you on external growth and how to jump over major pitfalls.

    This professional advice can be a massive boost for a young company looking for every competitive edge. Another major benefit of VC Capital is that their network of contacts could end up making all the difference in a successful exit (or not).

    But always remember what being funded by a VC actually means. After they have invested millions into it and regardless of whether or not they actually hold a controlling interest in your company they will be in control of your organization and will have a lot of power over how the company runs and how they will get their money out. You will be forced to go down directions that you may not be too happy with.

    The Plan
    More often then not, it's best for an entrepreneur to start up on their own or with the help of an Angel Investor (or syndicate if the investment requirement is too large to be funded by one individual). After running and evolving the business, the next best course of action is turn to VCs when you believe you are ready to take your company to the next level and will need a serious amount of capital to do so. Before even considering approaching a VC, you will have to demonstrate that you have a degree of success in your past, which is where the first round of your funding and management of your cash flow will come in handy.

    When you do decide to approach venture capitalists and if by some miracle should they agree to back you, then it will be crucial on your part to seek-out the best legal advice that you can afford for the ensuing negotiations. One sentence or even a phrase within the initial contract can determine your success or failure. VCs are consummate professionals, and you will have to become one before playing in their league.

    To support Singaporeans based in Pasir Ris in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Forms For Provincial Training Allowance

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Training Allowance Exempt From Income Tax

    Sources of Business Finance

    Sources of business finance can be studied under the following heads:

    (1) Short Term Finance:

    Short-term finance is needed to fulfill the current needs of business. The current needs may include payment of taxes, salaries or wages, repair expenses, payment to creditor etc. The need for short term finance arises because sales revenues and purchase payments are not perfectly same at all the time. Sometimes sales can be low as compared to purchases. Further sales may be on credit while purchases are on cash. So short term finance is needed to match these disequilibrium.

    Sources of short term finance are as follows:

    (i) Bank Overdraft: Bank overdraft is very widely used source of business finance. Under this client can draw certain sum of money over and above his original account balance. Thus it is easier for the businessman to meet short term unexpected expenses.

    (ii) Bill Discounting: Bills of exchange can be discounted at the banks. This provides cash to the holder of the bill which can be used to finance immediate needs.

    (iii) Advances from Customers: Advances are primarily demanded and received for the confirmation of orders However, these are also used as source of financing the operations necessary to execute the job order.

    (iv) Installment Purchases: Purchasing on installment gives more time to make payments. The deferred payments are used as a source of financing small expenses which are to be paid immediately.

    (v) Bill of Lading: Bill of lading and other export and import documents are used as a guarantee to take loan from banks and that loan amount can be used as finance for a short time period.

    (vi) Financial Institutions: Different financial institutions also help businessmen to get out of financial difficulties by providing short-term loans. Certain co-operative societies can arrange short term financial assistance for businessmen.

    (vii) Trade Credit: It is the usual practice of the businessmen to buy raw material, store and spares on credit. Such transactions result in increasing accounts payable of the business which are to be paid after a certain time period. Goods are sold on cash and payment is made after 30, 60, or 90 days. This allows some freedom to businessmen in meeting financial difficulties.

    (2) Medium Term Finance:

    This finance is required to meet the medium term (1-5 years) requirements of the business. Such finances are basically required for the balancing, modernization and replacement of machinery and plant. These are also needed for re-engineering of the organization. They aid the management in completing medium term capital projects within planned time. Following are the sources of medium term finance:

    (i) Commercial Banks: Commercial banks are the major source of medium term finance. They provide loans for different time-period against appropriate securities. At the termination of terms the loan can be re-negotiated, if required.

    (ii) Hire Purchase: Hire purchase means buying on installments. It allows the business house to have the required goods with payments to be made in future in agreed installment. Needless to say that some interest is always charged on outstanding amount.

    (iii) Financial Institutions: Several financial institutions such as SME Bank, Industrial Development Bank, etc., also provide medium and long-term finances. Besides providing finance they also provide technical and managerial assistance on different matters.

    (iv) Debentures and TFCs: Debentures and TFCs (Terms Finance Certificates) are also used as a source of medium term finances. Debentures is an acknowledgement of loan from the company. It can be of any duration as agreed among the parties. The debenture holder enjoys return at a fixed rate of interest. Under Islamic mode of financing debentures has been replaced by TFCs.

    (v) Insurance Companies: Insurance companies have a large pool of funds contributed by their policy holders. Insurance companies grant loans and make investments out of this pool. Such loans are the source of medium term financing for various businesses.

    (3) Long Term Finance:

    Long term finances are those that are required on permanent basis or for more than five years tenure. They are basically desired to meet structural changes in business or for heavy modernization expenses. These are also needed to initiate a new business plan or for a long term developmental projects. Following are its sources:

    (i) Equity Shares: This method is most widely used all over the world to raise long term finance. Equity shares are subscribed by public to generate the capital base of a large scale business. The equity share holders shares the profit and loss of the business. This method is safe and secured, in a sense that amount once received is only paid back at the time of wounding up of the company.

    (ii) Retained Earnings: Retained earnings are the reserves which are generated from the excess profits. In times of need they can be used to finance the business project. This is also called ploughing back of profits.

    (iii) Leasing: Leasing is also a source of long term finance. With the help of leasing, new equipment can be acquired without any heavy outflow of cash.

    (iv) Financial Institutions: Different financial institutions such as former PICIC also provide long term loans to business houses.

    (v) Debentures: Debentures and Participation Term Certificates are also used as a source of long term financing.

    Conclusion:

    These are various sources of finance. In fact there is no hard and fast rule to differentiate among short and medium term sources or medium and long term sources. A source for example commercial bank can provide both a short term or a long term loan according to the needs of client. However, all these sources are frequently used in the modern business world for raising finances.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Pasir Ris Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Siglap Skill Up Grants

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Siglap Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Siglap is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Successful Policies & Procedures Writing Projects - Proven Strategies

    Raising capital is a critical skill and requirement for investment principals. The organization and management of this process is challenging. The experience, credibility, and skill needed requires years of practice, exposure, and serious focus. Most never really feel fully comfortable performing the effort. Developing a solid concept and format eases the process dramatically.

    Tip #1: A standard presentation organization helps get the process off to a good start. I typically include an opening chart that gives a "teaser" description of the investment. Next, a very brief chart about the principals allows for introductions at the presentation. A good investment requires a positive economic environment. Because of this, I always lay out the situation framing the investment. Next, cover the basic terms of the investment. Describe what the investor will be investing, key terms effecting capital, and what the investment purchases. Explain management, operations, and funding for these items. The closing section includes sources and uses, financial terms, return expectations, and the exit.

    Tip #2: Don't write a presentation and simply show up for the meeting. Preparation is key. Realize and ensure that the presentation is not the in depth description. The in depth description should reserved for the business plan and subscription agreement. That said the presentation if the investor engages will be practically as in depth as the business plan in that you should seek to fully engage the investor, provide and explain the details and intricacies of the investment. This means preparation includes preparing to drive home the key points and ensure critical questions are answered.

    Tip #3: Complete a Q&A preparation. Spend time developing the questions and issues investors will raise. Prepare clear, cogent, effective answers addressing each question and each issue. If necessary, bring background material to address the issues.

    Tip #4: Seek commitment at the meeting. Don't go to the trouble delivering a well prepared complete presentation and fail to ask for the sale.

    Tip #5: Have a clear plan to follow up and complete the closing process. Investors are busy people. Executing a clear effective plan communicating with them and setting the clear expectation in their mind of what that plan will be says a great deal about your organization and respects the limited time that they have available.

    Principals should never give a presentation without adequate preparation. Having a plan for the presentation will organize your thought process, make your points more compelling, and significantly increase your opportunity for success.

    To support Singaporeans based in Siglap in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Singapore Government Grant For Startup

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Government Training Funding For Unemployed

    Critical Success Factors for a Vibrant SME Sector in the ASEA

    Multi Channel Integration and EDI transactions have been increasing day-by-day and they would certainly tend to grow as long as the EDI industry undergoes constant improvement. The EDI-based transactions comply with the X12 standard, which in turn has several sub-standards supported by various industries that keep growing over time.

    Amongst the various supported standards today, UCS (Uniform Communication Standard), VICS (Voluntary Inter-industry Commerce Standards), HIPAA (Health Insurance Portability and Accountability Act) are the pre-dominant ones.

    As per the statistical analysis revenues of the EDI Software packages should increase at a steady rate of 5 percent rate during the period because of a number of reasons such as the big organizations boosting up deployment of SME solutions, and even the mid size range companies implementing the EDI operations with suppliers paving the way to more and more EDI transactions for Channel Integrations

    Moreover the EDI usage grows in the health care industry is increasing, thanks to the Health Care Insurance Portability and Accountability Act (HIPAA) grant.

    Consequently the larger organizations will retain the investments in their EDI operations, leading to more and more EDI transactions.

    Coming to the EDI Services and support revenue, there shouldn't be any decrease in them either, as they would steadily grow at a 2 percent on account of reasons like growth in the EDI outsourcing services. Furthermore, with more mid size hubs and SMEs moving joining the internet revolution, the volume of EDI transactions also tend to go high.

    In fact looking at the historical perspective, initially when e-Commerce started, the experts had the perception that it would bring the end of EDI, rather than supporting it. However in realistic terms they never thought about the mere fact that basically EDI is e-Commerce by far and large!

    Over time this trend has been noticeable and slowly but surely the industrialists have realized that the EDI transactions are a part of the e-commerce, essentially supporting e-commerce rather than competing with it.

    As a matter of fact, the EDI transactions aren't really growing in a particular sector, and right from health care down to mid size SMEs, they have been only increasing.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Siglap Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Simei Small Business Training Grants

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Simei Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Simei is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Critical Success Factors for a Vibrant SME Sector in the ASEA

    Choosing to improve your skills can fetch you a promotion and pay rise. Employee training is an important investment that can go a long way in improving employee productivity and business competitiveness. When performed properly, training can promote employee job satisfaction and long-term career goals.

    According to research studies, 40% of employees who do not receive job training within the first two years often leave their positions. They cite lack of proper skills and development as the main reason for leaving. High employee turnover should be discouraged because it usually costs the organization large sums of money in the form job interruptions, job interviews and job orientation. The importance of employee training and development include:

    · Address weaknesses

    The majority of employees have a few weaknesses with their workplace skills. Therefore, a training and development program seeks to improve employee skills. A training program helps to bring all employees to the same level, having the same knowledge and skills.

    A weak link in any part of the organization can interfere with the overall performance of the organization because different tasks rely heavily on each other to get a task/job done. Training helps to reduce weak links within the organization and improve the overall performance of the organization. Furthermore, proper training creates a knowledgeable workforce that can take over from each other when necessary, work as a team or work independently without requiring constant supervision or help from each other.

    · Improve employee performance

    Employees who acquire the necessary training are able to perform their work better. They are more knowledgeable to resolve problems and more professional in their approach. A good training also helps to improve employee confidence because they have a better understanding of their responsibilities and industry.

    Confidence has a way of driving employees to be more creative at their work. Therefore, continuous training is recommended highly because it can get workers on the cutting-edge of industry developments. Employees who are competent can help drive the organization to the top position in the industry.

    · Employee satisfaction

    Employees who get challenged through training tend to feel a sense of commitment and satisfaction. A workforce that has access to training programs offered by the employer is at a better advantage than employees from other organizations who are forced to cater for their own training.

    The organization creates a supportive environment that is keen at making employees better workers. Employees who receive training facilitated by their employer feel valued. In many instances, employees end up receiving a training they did not know they required.

    To support Singaporeans based in Simei in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Vision Skill Grant Facebook

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Social Media Marketing Training Seminars

    How to Find Government Grants - Apply For Free Government Grants

    Various skill development programs with aims to enhance employability of Indian youth. The Short Term Training imparted through NEEM Scheme is expected to benefit candidates. Skill development and vocational training programs are conceptualized, executed and monitored by various organizations.

    On the job training is an important milestone in the process of enhancing one's credentials. Skill development and entrepreneurship development efforts across the country have been highly fragmented so far. With the present education and skill levels in the labour force is very low. It will be a major challenge for India. To overcome this challenge Govt. of India launched various skill development programs.

    Skill development initiatives will help to realise the inert potential of educated youths. As India moves progressively towards becoming a global knowledge economy, it must meet the rising aspirations of its youth.

    There are a variety of skill training programs all over the country that include:

    Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the one of the leading scheme of the Ministry of Skill Development & Entrepreneurship (MSDE). The objective of this skill is to enable a large number of Indian youth to take up industry-relevant skill training.

    National Employability Through Apprenticeship Program (NETAP) is a Public Private Partnership of Ministry of Skill Development & Entrepreneurship. National Apprentice Promotion Scheme is a new scheme of Government of India to promote apprenticeship training and increase the engagement of apprentices.

    The Udaan scheme is targeted to help the ambitious and progressive youths in India.

    Seekho aur Kamao is a scheme for upgrading the skills of minority youth in various modern / traditional skills depending upon their qualification.

    The National Skill Development Corporation India (NSDC) was setup as a one of its kind, Public Private Partnership Company.

    Deen Dayal Upadhyaya Grameen Kaushalya Yojana There are several challenges preventing India's rural poor from competing in the modern market, such as the lack of formal education and marketable skills. This program enable Poor and Marginalized to Access Benefits

    Boeing, Tata Advanced Materials Ltd (TAML) and Nettur Technical Training Foundation (NTTF) have launched a programme to train front-line workers for the aerospace industry.

    Tata Motors in association with Nettur Technical Training Foundation (NTTF) has launched a programme under the National Employability Enhancement Mission (NEEM) - a nationwide skills enhancement initiative of Government of India. This mission aims to enhance employability through the objective of learn and earn, under which Tata Motors will bear all the expenses of training cost of apprenticeship training.

    This scheme is for employers in specified industries to engage apprentices in designated trades to impart apprenticeship training or on the job training in industry to youth. Apprentices get an opportunity to expose in real working conditions. They get a chance to work on advanced machines and equipments, industry specific best practices and learn more about their field. Apprentices become skilled workers.

    Craftsmen Training Scheme

    Government of India initiated Craftsmen Training Scheme is for imparting skills in various vocational trades to meet the skilled manpower requirements for technology and industrial growth of the country. The period of training for various trades varies from six months to two years and the entry qualification varies from 8th to 12th class pass.

    Green Skill Development Program

    The Green Skill Development Programme (GSDP) of the Ministry of Environment, Forest and Climate Change (MoEF&CC) is an initiative for skill development in the environment and forest sector to enable India's youth to get gainful employment and / or self-employment. The programme endeavours to develop technical knowledge and commitment to sustainable development. It will help in the attainment of the Nationally Determined Contributions (NDCs), Sustainable Development Goals.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Simei Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.